SPAIN-BARCELONA-EBRO-EV MOTORS-CHERY AUTOMOBILE-AGREEMENT SIGNING

SPAIN-BARCELONA-EBRO-EV MOTORS-CHERY AUTOMOBILE-AGREEMENT SIGNING

(240420) -- BARCELONA, April 20, 2024 (Xinhua) -- Spanish Prime Minister Pedro Sanchez addresses the signing event for an agreement between Spain's auto company Ebro-EV Motors and China's Chery Automobile in Barcelona, Spain, April 19, 2024. Spain's auto company Ebro-EV Motors and China's Chery Automobile signed a pact on Friday to develop new electric vehicles through a joint venture in the northeastern Spanish city of Barcelona. Under the alliance, Chery will become the first Chinese automaker to produce vehicles in Europe, from Ebro's facilities located at a former Nissan plant that closed in 2021. The joint venture in the Zona Franca port area of Barcelona will create 1,250 jobs and is projected to produce 50,000 vehicles in 2027, which will triple to 150,000 in 2029. (Photo by Joan Gosa/Xinhua)

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  • ILEA002592350
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